Ta Fdi Investors Limited
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
SUMMARY OF THE PROPOSED COMBINATION
[UNDER REGULATION 13(1A) OF THE COMPETITION COMMISSION OF INDIA (PROCEDURE IN REGARD TO THE TRANSACTION OF BUSINESS RELATING TO COMBINATIONS) REGULATIONS, 2011 (AS AMENDED)]
- A. Name of the parties to the proposed combination
- The parties to the combination are:
- (i) TA FDI Investors Limited ( TFIL / Acquirer ).
- (ii) Vastu Housing Finance Corporation Limited ( VHFCL / Target ).
- TFIL and VHFCL are collectively referred to as the Parties .
- B. Nature and Purpose of the Combination
- The proposed transaction involves the acquisition by TFIL of up to ~11.7% equity shareholding (on a fully diluted basis) in Vastu Housing Finance Corporation Limited ( VHFCL / Target ) by way of a secondary purchase ( Proposed Transaction ). The Proposed Transaction is in the nature of an acquisition and falls under Section 5(a)(i)(A) of the Competition Act, 2002.
- C. Products , Services and Business(es) of the Parties
Issues for consideration
1 issue framed by the court
Whether the proposed combination involving TFIL's acquisition of ~11.7% equity in VHFCL falls under the green channel route.
Case details
As recorded by the court registry
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